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I live in a block of flats which is four stories of six flats each and we are currently paying over two hundred pounds a month in Service Charge
Do you have and are you paying a portion of that in to a reserve fund? If not, seems spendy.
We pay about £100 PM for a 50s block with four floors no lift. Signficant grounds through so I'd imagine a bit of that goes on gardening. There is no reserve fund, so ARRGH.
Howard-
Yeah that's the thing - it's a reserve fund fest, about half the money is going in. And personally I don't have a problem with that - better that then get a £8k bill at random -
but the guys in our block are really pissed off about it and they're shouting about it being criminal etc. I'd love to get some evidence to compare.Not sure if you'd be up for sharing your service charge statement of accounts but if you were I'd really appreciate it. At least it might calm them down.
ReekBlefs
Bit of a weird question but does anyone live in a smallish 1920s / art deco block of flats, with no lift?
If so I'd love to get a copy of your yearly service charge if poss?
I live in a block of flats which is four stories of six flats each and we are currently paying over two hundred pounds a month in Service Charge. My guess is that it should be closer to around half that for this sort of block.